Schroders Personal Wealth appoints new CEO

Replaces Peter Hetherington

clock • 1 min read

Former Openwork boss Mark Duckworth has been appointed Schroders Personal Wealth’s new CEO, replacing Peter Hetherington.

Duckworth has more than 30 years of experience in financial services including nine years at Openwork, where he led the company to independence from Zurich Insurance Group. Peter Hetherington, chief executive officer at Schroders Personal Wealth, announced he would step down from his role after less than a year at the firm to "pursue other prospective opportunities" on 18 June.  Duckworth said of Schroders: "It has a fantastic brand, built on the heritage of its parent companies, significant capital behind it and, most importantly, the ambition to grow to become a market leading advic...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA Asks: Are you worried about losing clients to targeted support?

PA Asks: Are you worried about losing clients to targeted support?

FCA outlined targeted support plans on Monday

Professional Adviser
clock 02 July 2025 • 1 min read
Aveni forms AI advisory board with wealth management leaders

Aveni forms AI advisory board with wealth management leaders

Senior execs from Aviva’s Succession Wealth, Schroders Personal Wealth, 7IM and Rathbones join forum

Sahar Nazir
clock 01 July 2025 • 2 min read
Majority of UK wealth management sector eyes acquisitions this year

Majority of UK wealth management sector eyes acquisitions this year

Continued appetite and momentum in M&A space

Isabel Baxter
clock 30 June 2025 • 3 min read